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Last
week, the ECB kept its ultra easy policy unchanged but left the
door open to further easing in December.
The findings stand in contrast to a wider poll of economists
taken two weeks ago which predicted an extension and some tweaks
to the ECB's asset purchase program was likely in December. [ECB/INT]
Monday's renewed optimism among traders could be a result of
earlier data which pointed to an upturn in business activity and
prices, a welcome print for policymakers who have long struggled
to boost growth and inflation in the currency bloc.
Eleven of 17 traders, who answered an extra question in the
latest survey said the ECB would not ease policy further.
Five traders said the ECB would add to its stimulus next year,
mostly by extending its monthly asset purchases program beyond
the current end date of March 2017. Only one trader said the ECB
would act this year.
The regular survey of 20 traders showed the ECB is expected to
lend 7.0 billion euros ($7.6 billion) at its three-month tender
and 35.0 billion euros at the weekly operation.
That compared to 7.01 billion euros maturing this week of the
three-month operation and 34.43 billion euros of the weekly
tender.
($1 = 0.9184 euros)
(Reporting by Rahul Karunakar; Polling by Purnita Deb; Editing
by Toby Chopra)
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